Travis Kalanick resigns from Uber

Shocking news from Uber. It seems that Travis Kalanick, who was the cofounder and CEO of Uber, resigned from the company.

As we know, Travis Kalanick helped found Uber in 2009. After Uber was born there was a shareholder revolt, which also put the taxi companies in danger. These days, an Uber spokesperson declared that Kalanick has stepped down from Uber’s leadership. The reason? It seems that five of the company’s most prominent investors wrote a letter named „Moving Uber Forward,” which recommended that Travis Kalanick resign. After a couple of hours of discussions, it seems that Travis Kalanick decided to resign.

“I love Uber more than anything in the world and at this difficult moment in my personal life I have accepted the investors request to step aside so that Uber can go back to building rather than be distracted with another fight,” Travis Kalanick declared for the New York Times.

However, we must say that Travis Kalanick will continue to have a position on Uber’s board of directors. At least this is what the company wrote in a statement. “Travis has always put Uber first. This is a bold decision and a sign of his devotion and love for Uber. By stepping away, he’s taking the time to heal from his personal tragedy while giving the company room to fully embrace this new chapter in Uber’s history. We look forward to continuing to serve with him on the board.”

We also must say that Travis Kalanick didn’t have a good year. As we know, he was involved in many scandals at the company. Moreover, these scandals seemed to threaten the company’s core business and the investors were not happy at all. Probably, the biggest scandal that Travis Kalanick was involved in is the one regarding numerous reports of sexual discrimination and harassment.

Following his resignation, Travis Kalanick decided to put his tasks in the hands of other employees who had reported directly to him. So, with Kalanick’s departure, Uber is now missing a CEO, CFO, COO and CEMO. Without a doubt that, now, everyone is curious who will be the next Uber CEO.

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